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Transport Minister Announces New Sleepers Factory
Under the leadership of the Minister of Transport, the performance of the Egyptian Company for the Construction and Maintenance of Transport Facilities and Airports for 2025 was reviewed. The company achieved revenues of 2,395 million Egyptian pounds, representing a 72% increase compared to 2024, with net profits of 246 million Egyptian pounds. Plans for projects worth approximately 3 billion Egyptian pounds were also approved, along with the reinforcement of assets with equipment valued at 130 million Egyptian pounds. One of the key directives was to establish another factory for producing sleepers used in the high-speed electric train, tram, and metro, to enhance local manufacturing as part of the localization plan and support national transportation projects. Additionally, efforts will focus on adopting the latest technologies in the work system, expanding airport maintenance, and developing the electric train network infrastructure. The objectives also include increasing the company's capital by 100 million Egyptian pounds to enable the purchase of new equipment, in line with the government's efforts to improve and develop Egypt's transportation facilities.
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